Florida Woman Sentenced for Ponzi Scheme
This is a news story, published by CNBC, that relates primarily to Johanna Garcia news.
Johanna Garcia news
For more Johanna Garcia news, you can click here:
more Johanna Garcia newsbanking & finance news
For more banking & finance news, you can click here:
more banking & finance newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
large Ponzi fraud scheme. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest fraud scheme news, federal prosecutors news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
wire fraudCNBC
•Florida woman who led a nearly $200 million Ponzi scheme sentenced to 20 years in prison
80% Informative
Johanna Garcia received the maximum possible sentence for one count of conspiracy to commit wire fraud and mail fraud.
Garcia controlled MJ Capital Funding , which fraudulently solicited investors to fund its purported business of providing short-term, high-cost loans.
Investors in MJ Capital had accused Wells Fargo of aiding the fraud scheme by failing to follow its anti-money-laundering rules.
VR Score
83
Informative language
83
Neutral language
49
Article tone
formal
Language
English
Language complexity
55
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links